fiat money 法定货币 ; 无锚货币 ; 名义货币
fiat money standard 不兑现信用货币制度
The Myth of Fiat Money 法定货币的故事
Fiat t money 法定货币 ; 名义货币
Fiat money has not only no particular value in use, it doesn't even really have a value in exchange except that which is decreed that it would have.
名义货币不仅仅没有什么特别的价值,而且在商品的交换中它本身根本没有价值。它拥有的只是法律所赋予它的价值。
Roach's fear - and he is hardly alone in this - is that the cumulative effect of these "unconventional" measures will be a collapse of confidence in fiat money of all types: dollars, yen, euros.
罗彻担忧的是- - -而且不只是他一个人担忧- - -这些“非常规”措施的累积效应将会导致人们对各种类型的法定货币丧失信心,如美元,日元及欧元。
His choice was that China go to fiat money, control the money supply tightly, and let the exchange rate float.
他的选择,是中国采用美国的无锚货币制,严谨地控制货币量,让汇率自由浮动。
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